Comprising a single-storey semi-detached light industrial/warehouse unit arranged into two bays with part steel framed north-lit roof and rear loading. Two storey offices front the unit.
Location
Shakespeare Industrial Estate is accessed via either Shakespeare Street or Acme Road directly off Leavesden Road, approx. 1½ miles north of the Town Centre.
The property is located facing onto Shakespeare Street. Road communications are excellent, with both M1 (Junction 5) and M25 (Junctions 19 and 20) Motorways being a short driving distance and thereby to the National Motorway network, Luton, Stansted, Heathrow and Gatwick Airports.
Watford Junction Railway Station is approx. 1.5 miles connecting to Euston (18 minutes), Birmingham and the North with direct links to St Albans and Gatwick Airport.
Accommodation
Industrial/Warehouse - 5,658 sq ft (526 sq m)
Ground Floor offices - 355 sq ft (33 sq m)
First Floor Offices - 1,217 sq ft (113 sq m)
Total G.I.A - 7,230 sq ft (672 sq m)
Terms
TERMS - An investment sale.
The property is for sale freehold subject to a lease back to The Nairobi Coffee & Tea Company Ltd on a new lease for a term of 10 years at a commencing rent of £XXX per annum exclusive (no VAT).
The lease will be subject to an open market rent review and tenant option to determine at the 5th year (the break being subject to 6 months prior notice).
PRICE - £XXX freehold, no VAT
COSTS - Each party to be responsible for their own costs.